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IN JUST A BIT. WAVERLE AND MELISSA. ALL RIGHT. THANKS. CAITLIN. UNION PACIFIC FILES A COMPLAINT AGAINST BURLINGTON NORTHERN. IT CLAIMS BNSF MADE SIGNIFICANT CHANGES TO THE RATES AND SERVICES AGAINST OTHER RAILROADS. UNION PACIFIC SAYS THEY WEREN’T WARNED OF THIS CHANGE OR GIVEN AN EXPLANATION FOR WHY THE RATES WERE GOING UP TO USE BNSF TERMINALS AND TRACKS. UNION PACIFIC SAYS INITIALLY IT COST ABOUT $105 PER CAR TO TRANSPORT GRAINS. EP SAYS THE COST NEARLY TRIPLED NOW TO $295 PER CAR, BUT ONLY AT CERTAIN LOCATIONS. UNION PACIFIC SAYS THERE’S ONE STOP IN NEBRASKA THAT’S 500% HIGHER THAN NORMAL, AND IT SAYS THE RATE ON TRACKS THAT GO THROUGH GRAND ISLAND COST ALMOST $1,400 PER CAR. SO IN A STATEMENT, UNION PACIFIC SAYS IT WELCOMES COMPETITION WITH BURLINGTON NORTHERN, BUT IT DOES NOT, QUOTE, ACCEPT A TARGETED EFFORT TO FORECLOSE THE COMPETITIVE OPTIONS THAT CUSTOMERS HAVE BUILT THEIR SUPPLY CHAINS AND FACILITIES AROUND. COMING UP AT 630, WE’RE GOING TO DIVE INT
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Union Pacific files complaint over BNSF rate hikes
The railroad said BNSF’s rate changes hit Nebraska tracks and terminals.
Union Pacific filed a complaint with the Surface Transportation Board, alleging that BNSF Railway drastically increased rates and changed service in ways that raised grain transportation costs.The changes could affect grain shippers and other customers who rely on Nebraska terminals and tracks.Union Pacific said it was not warned or given an explanation for the rate hikes, which nearly tripled the cost of transporting grain cars at certain locations.The company said the cost per car initially stood at $105 but has risen to $295 at specific terminals and tracks. At one stop in Nebraska, Union Pacific said the cost increased by nearly 500%, while rates for tracks passing through Grand Island surged to almost $1,400 per car.In a statement, Union Pacific said, “While it welcomes competition with BNSF, it does not accept a targeted effort to foreclose the competitive options customers have built their supply chains and facilities around.”Union Pacific asked the board to strike down the rate increases, find BNSF’s refusal to switch unit trains unlawful, provide the option to switch paths at affected terminals, and require damages to be paid back for affected grain trains.Make sure you can always see the latest news, weather, sports and more from KETV NewsWatch 7 on Google search.NAVIGATE: Home | Weather | Local News | National | Sports | Newscasts on demand |
Union Pacific filed a complaint with the Surface Transportation Board, alleging that BNSF Railway drastically increased rates and changed service in ways that raised grain transportation costs.
The changes could affect grain shippers and other customers who rely on Nebraska terminals and tracks.
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Union Pacific said it was not warned or given an explanation for the rate hikes, which nearly tripled the cost of transporting grain cars at certain locations.
The company said the cost per car initially stood at $105 but has risen to $295 at specific terminals and tracks. At one stop in Nebraska, Union Pacific said the cost increased by nearly 500%, while rates for tracks passing through Grand Island surged to almost $1,400 per car.
In a statement, Union Pacific said, “While it welcomes competition with BNSF, it does not accept a targeted effort to foreclose the competitive options customers have built their supply chains and facilities around.”
Union Pacific asked the board to strike down the rate increases, find BNSF’s refusal to switch unit trains unlawful, provide the option to switch paths at affected terminals, and require damages to be paid back for affected grain trains.
Make sure you can always see the latest news, weather, sports and more from KETV NewsWatch 7 on Google search.
NAVIGATE: Home | Weather | Local News | National | Sports | Newscasts on demand |
